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Read MoreRockville, MD, November 14, 2026 – The global steel scrap market is projected to reach USD 159.7 billion by 2036, up from USD 97.1 billion in 2026, expanding at a CAGR of 5.1% during the forecast period, according to Fact.MR. Valued at USD 92.4 billion in 2025, the market is expected to generate an additional USD 62.6 billion in revenue by 2036 as steel manufacturers increase their reliance on recycled materials to reduce production emissions and dependence on virgin iron ore.
Read MoreRockville, MD, November 14, 2026 – The global polypropylene woven bag and sack market is estimated at US$ 4.46 billion in 2024 and is projected to reach US$ 6.67 billion by 2034, expanding at a compound annual growth rate (CAGR) of 4.1% during the forecast period, according to Fact.MR. Increasing demand for durable and affordable industrial packaging, expanding agricultural activities, and continued construction development are supporting market growth. Polypropylene woven bags are widely used to package and transport grains, fertilizers, animal feed, cement, chemicals, and other bulk materials.
Read MoreRockville, MD, November 14, 2026 – The global bridge inspection services market is projected to increase from US$ 5.54 billion in 2024 to US$ 7.52 billion by 2034, expanding at a compound annual growth rate (CAGR) of 3.1% during the forecast period, according to Fact.MR. Rising concerns about aging transportation infrastructure, growing awareness of structurally deficient bridges, and stricter inspection requirements are supporting demand for professional bridge assessment and maintenance services. Transportation agencies are also increasingly outsourcing inspection activities to specialized service providers with the technical expertise and equipment required to evaluate complex structures.
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